Resurgent Capital Corp. acquired an additional 31.02% stake in Pacific Iron Ore Corporation from R. A. N. Bonnycastle and Cavendish Investing, Ltd. for CAD 0.05 million on October 23, 2019. Under the terms, 2.09 million shares were acquired at CAD 0.02187 per share. Of this, 0.19 million shares were sold by R. A. N. Bonnycastle. Upon completion, Cavendish Investing Ltd. holds 7.9% stake in Pacific Iron Ore Corporation. Resurgent Capital Corp. completed the acquisition of an additional 31.02% stake in Pacific Iron Ore Corporation from R. A. N. Bonnycastle and Cavendish Investing, Ltd. on October 23, 2019.